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Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2015
Long-Term Debt [Abstract]  
Schedule Of Company's Long-Term Debt

 

 

 

 

 

 

 

 

 

June 30, 2015

 

December 31, 2014

$610.0 million senior secured credit facility – (Term Facility) with interest rates at LIBOR (with a minimum rate of 1.0%) or prime (with a minimum rate of 2.0%) plus applicable margin (5.50% for LIBOR Loans and 4.50% for Base Rate Loans), secured on a first priority basis by a perfected security interest in substantially all of the Company’s assets.  Interest rates are at LIBOR plus applicable margin due at various maturity dates through April 30, 2022

 

$

604,051 

 

$

 —

 

 

 

 

 

 

 

$90.0 million senior secured credit facility – (Term Facility) with interest rates at LIBOR (with a minimum rate of 1.0%) or prime (with a minimum rate of 2.0%) plus applicable margin (6.5% for LIBOR Loans and 5.50% for Base Rate Loans), secured on a first priority basis by a perfected security interest in substantially all of the Company’s assets.  Interest rates are at LIBOR plus applicable margin due at various maturity dates through October 15, 2016

 

 

 —

 

 

88,704 

 

 

 

 

 

 

 

$125.0 million senior secured credit facility – (Revolver Credit Facility) with interest rates at LIBOR or prime plus applicable margin, secured on a first priority basis by a perfected security interest in substantially all of the Company’s assets.  Interest rates are at LIBOR plus applicable margin due at various maturity dates through April 30, 2020

 

 

 —

 

 

 —

 

 

 

 

 

 

 

$360.0 million Senior Notes due May 1, 2023; semi-annual cash interest payments due on May 1 and November 1, fixed interest rate of 11.0%

 

 

360,000 

 

 

 —

 

 

 

 

 

 

 

$380.1 million Senior Subordinated Notes due April 15, 2017; semi-annual cash interest payments due on April 15 and October 15, fixed interest rate of 97/8%

 

 

 —

 

 

378,407 

 

 

 

 

 

 

 

$350.0 million Senior Secured Second Lien Notes due January 15, 2017; semi-annual cash interest payments due on May 15 and November 15, fixed interest rate of 87/8%

 

 

 —

 

 

349,275 

 

 

 

 

 

 

 

$75.0 million Senior Secured Notes due January 15, 2017; semi-annual cash interest payments due on January 15 and July 15, fixed interest rate of 11¾% 

 

 

443 

 

 

75,000 

 

 

 

 

 

 

 

Capital leases payable with various monthly payments plus interest at rates ranging from 1.0% to 19.1%, due at various maturity dates through March 2022

 

 

56,193 

 

 

66,552 

 

 

 

 

 

 

 

Various other notes payable and seller financing promissory notes  with various monthly payments plus interest at rates ranging from 9.3% to 19.5%, due at various maturity dates through April 2021

 

 

9,882 

 

 

9,183 

 

 

 

1,030,569 

 

 

967,121 

Less current portion

 

 

(30,890)

 

 

(26,350)

 

 

$

999,679 

 

$

940,771 

 

 

 

 

 

 

 

 

Schedule Of Financial Covenants Compliance Under The Revolving Credit Facility

 

 

 

 

 

 

 

 

 

 

 

 

 

Requirement at
June 30, 2015

 

Level at
June 30, 2015

Maximum permitted first lien leverage ratio

<

7.50 to 1.00

 

 

5.21 to 1.00